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Corporate accountant vs account auditor

The differences between corporate accountants and account auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account auditor has an average salary of $76,369, which is higher than the $64,300 average annual salary of a corporate accountant.

The top three skills for a corporate accountant include reconciliations, GAAP and account reconciliations. The most important skills for an account auditor are audit reports, reconciliations, and CPA.

Corporate accountant vs account auditor overview

Corporate AccountantAccount Auditor
Yearly salary$64,300$76,369
Hourly rate$30.91$36.72
Growth rate6%6%
Number of jobs54,17489,144
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 68%
Average age4444
Years of experience4-

What does a corporate accountant do?

A corporate accountant is an individual who prepares financial statements and maintains financial records of an organization to ensure that they comply with laws, regulations, and the organization's policies. Corporate accountants are required to analyze financial statements to help executives make financial decisions for the organization. They must collect ledgers and financial reports from divisional offices and prepare corporate financial statements for executives. Corporate accountants must also prepare budgets to allocate funds for spending for each department.

What does an account auditor do?

The account auditor is the person tasked to conduct audits in sales accounts handled by the company. As with an auditor, this person checks all financial statements, investigates each entry, making sure everything is accounted for correctly. The auditor checks all receivables, attachments, and liquidation to ensure the financial report is accurate, which is vital for strategies that affect company expenses, calculate revenue, gains, and losses, and use those information to file taxes.

Corporate accountant vs account auditor salary

Corporate accountants and account auditors have different pay scales, as shown below.

Corporate AccountantAccount Auditor
Average salary$64,300$76,369
Salary rangeBetween $46,000 And $89,000Between $53,000 And $109,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew YorkNew York
Best paying companyPutnam InvestmentsApple
Best paying industryFinanceProfessional

Differences between corporate accountant and account auditor education

There are a few differences between a corporate accountant and an account auditor in terms of educational background:

Corporate AccountantAccount Auditor
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate accountant vs account auditor demographics

Here are the differences between corporate accountants' and account auditors' demographics:

Corporate AccountantAccount Auditor
Average age4444
Gender ratioMale, 43.1% Female, 56.9%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 13.0% White, 63.0% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between corporate accountant and account auditor duties and responsibilities

Corporate accountant example responsibilities.

  • Lead successful implementation of PeopleSoft fix asset software module.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Perform month-end closing responsibilities, month-end accruals, expense allocations across business units and legal entities, and account reconciliations.
  • Perform general accounting assignments including accruals, profit and loss reports and reconciliations.
  • Prepare monthly journal entries and variance reconciliations primarily relating to compensation, operational accruals, investments, and partnerships.
  • Perform detailed and extensive schedules and analysis for annual audits by an outside CPA firm as required by law.
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Account auditor example responsibilities.

  • Ensure all working files and relate supporting documents meet SOX compliance and audit trail requirement
  • Work in a small team, ensure SOX compliance and GAAP/SEC/FASB reporting guidelines are adhered to.
  • Perform monthly accounting services, prepare quarterly/yearly payroll tax reports.
  • Administer processing of payroll and compliance with federal/state tax reporting requirements.
  • Review and analyze Medicaid cost report data to determine Medicaid reimbursement.
  • Verify accounts and prepares statements for private pay residents and Medicaid long-term care eligibility.
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Corporate accountant vs account auditor skills

Common corporate accountant skills
  • Reconciliations, 14%
  • GAAP, 6%
  • Account Reconciliations, 6%
  • CPA, 5%
  • General Ledger Accounts, 5%
  • External Auditors, 4%
Common account auditor skills
  • Audit Reports, 19%
  • Reconciliations, 6%
  • CPA, 6%
  • Internal Controls, 6%
  • Audit Procedures, 6%
  • Payroll, 5%

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